Nov 10 0 2008
Low volume, boring and listless. Profitabe but nothing earth-shuttering. Just scalping here and there.Not much to report beyond that.
Session Time: Mon Nov 10 00:00:00 2008
[08:14] {Threei} Good morning
[08:14] {patience} it is still dark outside vad, good morning
[08:14] {Threei} it is...
[08:15] {Threei} but China bailout might help
[08:15] {patience} no kidding, dusting off my china stock plays
[08:15] {Threei} wstching CAEI as possible beneficiary
[08:19] {magoo} morn
[08:19] {Threei} magoo :)
[08:20] {Threei} stem cells are moving
[08:20] {Threei} solars too
[08:20] {magoo} how about premkt gm?
[08:21] {magoo} arrrrrrr...not avail short anymore
[08:21] {magoo} was friday
[08:22] {magoo} why USO up vad?
[08:24] {Threei} Chinese huge infrastructure investment lweighs on USD, lifiting commodities priced in USD
[08:25] {magoo} ok ty
[08:25] {magoo} any news GOOG?
[08:27] {Threei} not really
[08:29] {KSystems} hey :)
[08:29] {Threei} hey KS, good to see you
[08:30] {KSystems} well good to see YOU vad
[08:30] {KSystems} how're things going?
[08:31] {Threei} you mean aside of global financial crisis, planet being destroyed by pesaky habitants etc? Very good! :)
[08:31] {Threei} *(CA) SEPT NEW HOUSING PRICE INDEX M/M: 0.1% V -0.1%E
[08:31] {Threei} (CA) OCT HOUSING STARTS: 211.8K V 200.0KE
[08:31] {Threei} - Prior revised from 217.6K to 218.6K
[08:31] {Threei} see?
[08:32] {KSystems} :)
[08:41] {Threei} FED OFFICIALS: CONFIDENT THAT AIG WILL REPAT ITS DEBTS TO THE US GOV'T
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:43] {Threei} tried Google's browser over weekend
[08:44] {Threei} probably that's why its up, magoo
[08:47] {hawkfan4} The financial crisis in a nutshell : http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true
[08:49] {_maga} good morning everybody
[08:56] {Threei} maga :)
[09:01] {lisa_jay} Good morning
[09:01] {Threei} lisa :)
[09:02] {Threei} FED OFFICIALS: CONFIDENT THAT AIG WILL REPAY ITS DEBTS TO THE US GOVT
[09:02] {Threei} - Using treasury operations now to aide AIG with tools that were not availabe in Sept
[09:02] {Threei} - Notes that $50B in support largest amount ever provided to single firm by US gov't
[09:02] {Threei} - New facilities take RMB's and CDO's off AIG balance sheets
[09:02] {Threei} - Working on lobbying restrictions for AIG as part of loan restrictions
[09:04] {Threei} CAEI is climbing
[09:08] {Geo} gm vad
[09:08] {Threei} Geo ;)
[09:08] {Geo} any thoughts on trading EEV? :)
[09:08] {Threei} yup
[09:08] {Threei} don't trade it
[09:08] {Geo} hehehe ok
[09:09] {Threei} this is what, emerging markets short ETF?
[09:09] {Geo} ultra yes
[09:10] {Threei} what's with these exotic vehicles... trading them requires reading of the whole world
[09:10] {Onix} good morning all
[09:10] {Threei} Onix :)
[09:10] {Threei} no single soul on the planet has slightest idea where all this is going
[09:11] {Geo} long day today..... my pc isnt booting ......on laptop now.....
[09:11] {Threei} want to be that one genius that nails it?
[09:11] {Threei} I'll wait for you on the shore :)
[09:12] {Geo} whats the laser port again vad?
[09:12] {magoo} 15905
[09:12] {Threei} 15905
[09:12] {Geo} TY
[09:12] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {_maga} Vad , do tape reading principle are applicable to futures?
[09:13] {Threei} as a main idea, sure
[09:13] {Threei} particularities are different somewhat
[09:13] {_maga} ok tx
[09:13] {Threei} more shakeouts, more stop gunning
[09:14] {_maga} more difficult...
[09:14] {Threei} in a way
[09:14] {Threei} I'd put it this way:
[09:14] {Threei} trading futs requires style adjustments somewhat difdferent from stocks
[09:15] {Threei} also, as with any single tool,
[09:15] {Threei} there is a problem of what to do when it trades in a way that doesn't match your system, your approach, yolur method of reading
[09:16] {Threei} you are likely to find a stock that trades on its own merits when market overall is not what your read handles well
[09:16] {Threei} but if you are confined to a single tool, you have no such luxury
[09:17] {_maga} I understand what you mean... you have a single ( or few) chart to work with
[09:17] {_maga} if doesn't fit your way... you haev to wait for the day after..
[09:17] {_maga} at least
[09:17] {Threei} I prefer stocks, with some general market trading sprinkled on top as complementary tool
[09:18] {Threei} in a form of futures, or Qs or QID
[09:18] {ese} good morning...
[09:18] {Threei} ese :)
[09:18] {ese} hey Vad
[09:18] {Onix} hi ese
[09:20] {Threei} be back in 5
[09:25] {Threei} btw, replay is working again, right?
[09:25] {magoo} yup
[09:25] {Threei} k
[09:25] {ese} aaaahhhhhhh....have you ever noticed that coffee tates better in the morning
[09:25] {Threei} lol
[09:25] {ese} thats tastes...
[09:25] {Threei} on watch: CAEI, AIG, GERN, SOLF
[09:25] {Threei} and usual suspects
[09:28] {Threei} GM is going down in flames
[09:29] {cosmo} they needs wings
[09:33] {ese} STEM.....possible long 2.21
[09:34] {ese} invalidted
[09:41] {Threei} Long Setup: FITB .75 if stays above .65
[09:43] {Threei} Long Setup: LVS 7.13 if stays above 7
[09:44] {Threei} FITB over 1:1
[09:45] {Threei} 1:2
[09:46] {Threei} LVS stopped
[09:46] {Onix} ty Vad, i got $45 in FITB
[09:48] {Threei} GS under 10/10 low
[09:54] {Threei} what was that weird spike SSRI
[09:55] {ese} is anyone elses charts not updating properly
06[09:55] * laserdave1 slaps Threei around a bit with a large trout
[09:55] {ese} thats what i mean Vad...charts jumping weird like that....not just SSRI
[09:56] {ese} again MVSN
[09:57] {ese} anyone else having these problems
[09:58] {Threei} don't see anything on anywhere else but SSRI
[09:58] {ese} gotta be something with my data feed then
[10:02] {ese} OK level 2now gone...or very slow
[10:06] {dino} gap fill possibly in making
[10:06] {dino} dji
[10:10] {Threei} Long Setup: UAUA .91 if stays above .80
[10:13] {dino} gs ouch
[10:15] {dino} sm l qld .00
[10:15] {Threei} US TSY KASHKARI: NEAR PLAN TO ALLOW CAPITAL INJECTIONS FOR PRIVATE BANKS
[10:18] {Threei} for such an eventful weekend, market is amazingly quiet
[10:19] {Threei} - US Treasury stands ready to prevenbt systemic failures
[10:19] {Threei} - Sees improvemnts in markets after actions taken by TSY, FED and FDIC
[10:19] {Threei} - Will take months to fund capital purchase transactions
[10:20] {dino} qld stop is lod fwiw
[10:20] {ese} Long STEM 2.09
[10:24] {Threei} UAUA is invalidated btw
[10:24] {Geo} hehe
[10:24] {dino} kbr l .52 stop lod
[10:26] {dino} ctrn bl;ood
[10:29] {ese} out STEM couple of lots....2.21
[10:30] {Threei} wtg
[10:31] {ese} tks...
[10:32] {ese} a quick couple of hundred is good for me today....have an early day....see you all tomorow...
[10:32] {Threei} take care ese
[10:32] {ese} see ya vad
[10:32] {dino} kbr stopped flat, mkt dropping
[10:34] {Threei} market resolved the dilemma of which way to go
[10:34] {Threei} it decided to stay in place
[10:37] {Threei} Short Setup: DIOD 7.04 if big bid is getting hit and if stays under 7.15
[10:41] {dino} fwiw my scanner is all red
[10:41] {Threei} STEM 52 week high
[10:41] {Threei} not something you see often these days
[10:42] {Threei} GERN wakes up too
[10:43] {hawkfan4} AAPL sm 99.45, stop under 99.20
[10:47] {hawkfan4} stopped -.22
[10:48] {hawkfan4} -.27
[10:49] {dino} qld stopped -.36
[10:52] {dino} watching pru, deck, met
[10:53] {dino} cme tagged
[10:56] {Threei} hardcore scalpers can keep DIOD stop above .10
[10:58] {Threei} starts feeling like dump in the making eh?
[11:00] {Threei} watch QID for entry
[11:01] {Threei} closest support with entry around 69 would be around 68.70
[11:01] {Threei} adjust size accordingly
[11:02] {Threei} feels like we are about to get a sizeable flush
[11:02] {Threei} taking QID above 70
[11:04] {dino} feeling same here
[11:05] {lisa_jay} r u in qid vad?
[11:05] {Threei} took 69
[11:11] {Threei} ECB'S ORDONEZ: REQUESTS CAUTION IN ESTABLISHMENT OF STIMULUS PACKAGES
[11:11] {Threei} party pooper... world is stimulus-happy
[11:11] {Threei} it's stimuluses all around
[11:12] {Threei} stop to under .90 QID
[11:14] {Threei} GMAC NOTES THERE IS SUBSTANTIAL DOUBT REGARDING RESCAP'S ABILITY TO SURVIVE AS A GOING CONCERN
[11:18] {dino} gj qid
[11:18] {Threei} ty
[11:18] {Threei} half out QID .70
[11:19] {Threei} WHITE HOUSE: WILL REPORTEDLY CONSIDER ANY PROPOSALS PUT FORTH BY CONGRESS CONSIDERING AUTOMAKERS
[11:20] {Threei} smacks of such desperation
[11:21] {Threei} (US) SPOKESMAN FOR PRESIDENT ELECT OBAMA: THERE WILL BE NO FURTHER CABINET APPOINTMENT ANNOUCED THIS WEEK
[11:21] {_maga} an option is that when the Europe's markets working day is finished US will stops the retracement... it occurred often in the last period
[11:23] {dino} there is of course another option
[11:23] {_maga} sure... which one
[11:23] {dino} as mr t would say...."pain"
[11:24] {Threei} lol
[11:24] {dino} couldn't resist maga
[11:24] {Geo} oh mannn
[11:24] {_maga} no prob.... but I can't understand...
[11:25] {dino} just bustin' thats all, gut says up
[11:27] {Threei} QID balance stop is just under 69
[11:27] {Threei} anyone took it btw?
[11:27] {dino} hl l met .15, stop .89
[11:27] {Onix} too crazy for me, sorry
[11:28] {dino} kbr l .48, stop lod
[11:30] {dino} why did you give back somuch vad?
[11:31] {dino} alrighty then
[11:31] {Threei} just different idea of the play
[11:31] {Threei} no trailing for second half, except to b/e
[11:32] {Threei} with attempt to hold it for big size move
[11:32] {dino} i would've trailed tightly once i had .50 on it, and tighter as it went
[11:32] {dino} different ideas
[11:32] {dino} good call in any case
[11:32] {Threei} that's what I usually do
[11:35] {dino} sm l pru .90, stop .47
[11:36] {dino} hmm fast drop
[11:37] {_maga} look at UAUA
[11:37] {Threei} I don't want to
[11:38] {Threei} I know I am going to hate what I see
[11:38] {lisa_jay} lol
[11:38] {Threei} yeah... I was right
[11:38] {_maga} that's better
[11:38] {Threei} why did I look
[11:38] {_maga} solf
[11:39] {_maga} sorry I type the "chat" instead of the "chart"
[11:39] {Threei} if market tunrs around, SOLF is half lot long on 7 break
[11:40] {Threei} but only if we see market strength, higher highs and lows
[11:40] {Threei} this slow churn is not an environment for this type of plays
[11:41] {Threei} btw, ayone played DIOD?
[11:41] {Threei} worked for 1:1 for scalpers
[11:41] {Threei} still in the money
[11:41] {Onix} missed it
[11:44] {lisa_jay} Me too...missed all plays today. Had platform problems carry over from Fri...up and running right now.
[11:45] {dino} missed most of morning here, r.e. issues
[11:45] {Geo} same here...... hardware issues.
[11:45] {_maga} GERN ... couldn't be a candidate too?
[11:47] {Threei} if stem cells sector gets more attention
[11:47] {_maga} tx
[11:47] {Threei} QID over 70
[11:47] {dino} met stopped
[11:47] {Threei} why did I trail that stop at all, lol
[11:48] {dino} kbr stopped
[11:48] {dino} hmmm
[11:49] {dino} you trailing tighter now?
[11:49] {Threei} stopped on that balance and never reentered'
[11:49] {dino} ok
[11:49] {Threei} call me an idiot
[11:52] {dino} i'll owe it to you
[11:52] {dino} dji gap filled
[11:56] {dino} 'pru stopped lots of stops so far
[11:59] {Threei} QID 71 break long
[11:59] {Threei} if stays above .75
[12:03] {dino} dow l .98
[12:08] {Threei} Long Setup: QQQQ
[12:08] {Threei} .01
[12:08] {Threei} stop under 30.90
[12:12] {Threei} 1:1
[12:12] {Geo} out half .11
[12:12] {Threei} take scalp or half out, stop to .99
[12:13] {Threei} what's with LVS
[12:14] {dino} dk
[12:15] {dino} earnings call at 4
[12:17] {Threei} wow
[12:18] {Geo} 1/4 out at 1.5.. .16
[12:24] {Geo} out 1/4 .99
[12:24] {Geo} TY vad
[12:24] {Threei} welcome
[12:33] {KSystems} ZB s 117.15
[12:33] {KSystems} stop 117.21
[12:37] {Threei} C nears 11.30 low from last week
[12:37] {Threei} and 52 weeks
[12:37] {Threei} worth a try short if stays below .40
[12:41] {lisa_jay} trigger is under .30 vad?
[12:41] {Threei} .30
[12:41] {lisa_jay} thanks
[12:47] {Threei} Long Setup: LVS .70 break half lot
[12:48] {Threei} stop under .60
[12:50] {Threei} no worky
[12:50] {lisa_jay} Stopped.
[12:50] {KSystems} but C is
[12:53] {Onix} ss C @ .32
[12:58] {Threei} dino was right
[12:58] {Threei} the onl;y thing is store for today is pain
[12:58] {Threei} is = in
[12:58] {Threei} and more pain
[12:59] {Threei} sprinkled with some boredom on top
[12:59] {Onix} so true!
[13:01] {Onix} must be one of the lowest volume days in a long while
[13:01] {Threei} I'd think you can trail C to .36
[13:02] {Threei} very low so far, yes
[13:12] {lisa_jay} uaua vad?
[13:12] {Threei} I don't understand it today
[13:12] {lisa_jay} Ok, thanks.
[13:12] {Threei} it looks more like long candidate
[13:13] {Threei} but hard to imagine it going up against the market
[13:19] {Onix} stopped C
[13:20] {Threei} you haven't covered any around 1:1?
[13:20] {lisa_jay} Stopped C -4c
[13:20] {Onix} i had it on 11.22 and it turned up on 11.23
[13:20] {Threei} with your entry it was 1:1
[13:21] {Onix} too greedy?
[13:21] {Threei} with the way market trades today...
[13:21] {Threei} I'd say anything beyond 3 cents consitutes too greedy :)
[13:21] {lisa_jay} Today yes.
[13:22] {Onix} :)
[13:22] {Onix} on 200 to 400 shares, 3c is not really worth it
[13:23] {Threei} well, 3 cents is exaggeration
[13:23] {Chaeron} 2 cents? :)
[13:23] {Threei} lol
[13:23] {Chaeron} hi all... been busy.. wasn't trying to be rude
[13:23] {Threei} you don't have to try
[13:24] {Threei} to some it comes naturally
[13:24] {Onix} lol
[13:24] {Chaeron} sigh... it's a gift...
[13:24] {Threei} I know
[13:24] {Threei} I am very gifted
[13:24] {Chaeron} you were blessed abundantly yourself with it too
[13:24] {Chaeron} lol
[13:24] {Threei} exactly... that's how I know yoy when you see you
[13:24] {Threei} umm
[13:25] {Threei} let me try again
[13:25] {Chaeron} yeah... ok
[13:25] {Threei} that's how I know you when I see you
[13:25] {Threei} there
[13:25] {Threei} see?
[13:25] {Threei} just two attempts
[13:25] {Chaeron} :)
[13:25] {Threei} peter will be proud of me
[13:25] {Threei} used to take me 5 tries
[13:34] {Threei} how (*%#)&@# the market should be if the only stock looking good is STEM??
[13:35] {Threei} chaeron... you want to add to my rudeness?
[13:35] {Threei} or you are so rude you'll leave me alone?
[13:36] {Onix} unfortunately, i can't scream too loud over here
[13:36] {Threei} as old russian joke went... use the phone? :)
[13:37] {magoo} they have phones in russia}?
[13:38] {Threei} and TVs
[13:38] {Threei} some even color
[13:38] {magoo} black and white right
[13:42] {Threei} market keeps me way too careful today, sometimes to the disadvantage
[13:42] {Threei} was very tempted to call STEM long around .20
[13:47] {KSystems} i cant believe I'm still in that ZB short
[13:48] {KSystems} *sigh* my machine cant brew coffee in such volumes that I need to stay awake
[13:49] {lisa_jay} What is a ZB?
[13:49] {KSystems} it's the 30years T-Bonds future
[13:49] {lisa_jay} Oh, ok...went right over my head..but thanks.
[13:50] {lisa_jay} I understand the coffee issue though :-)
[13:50] {KSystems} and it's the more important part as well! =)
[13:50] {Threei} lol
[13:53] {Threei} get a feeling we are about to see some relief rally?
[13:54] {Threei} well, rally may be too strong word
[13:54] {Threei} but some creep-up
[13:54] {Onix} creepy-crawly
[13:54] {Threei} Long Setup: DELL .81 if stays above .70
[13:55] {Threei} Long Setup: ADBE as close to 25 as you can get, stop under 24.90
[13:56] {Threei} relief or releif?
[13:56] {Threei} wgere is peter
[13:56] {magoo} relief
[13:56] {Threei} he beat us up for wierd
[13:57] {Threei} so now I can't even type field without looking over my shoulder
[13:58] {dawg} in DELL long .81
[13:58] {magoo} yeah..i know..been rea;l careeful here wiyth spelling
[13:58] {Threei} ADBE got away
[13:58] {dawg} yes it did
[13:58] {Threei} I can see that mags
[13:59] {Onix} in DELL @ .79
[14:09] {dino} ok what did i miss
[14:09] {Onix} took profits too soon this time in DELL: 8c + 10c
[14:09] {Onix} kept 100 shares going
[14:10] {dawg} out 1/2 Dell 1:1
[14:10] {dino} gj
[14:10] {dawg} hello dino tough day
[14:12] {dino} sidetracked for most part
[14:12] {dawg} .)
[14:13] {lisa_jay} Thanks Vad, got 9 and 7c in Dell
[14:13] {Threei} welcome
[14:13] {Onix} thanks Vad, all out DELL
[14:13] {Threei} :)
[14:14] {dawg} in DELL Vad?
[14:14] {Threei} took scalp
[14:15] {dawg} any price target for my last 1/2?
[14:15] {Threei} honestly, no idea
[14:15] {dawg} i'm out then
[14:15] {Threei} I am content with scalps at this point
[14:15] {Geo} all out .92
[14:16] {dawg} .93 OK thanks Vad
[14:16] {Geo} what a sad listless day
[14:16] {Onix} yes we are all crying
[14:16] {Geo} still neg for day
[14:16] {Onix} very sad
[14:16] {Threei} yeah, it's like market was firmly intending to drop big today,
[14:16] {Threei} then this chinese bailout gave it pause,
[14:17] {Geo} y
[14:17] {Threei} not enough to prop it up muc just barely enough to keep it from flush
[14:17] {Threei} so it's still thinking
[14:17] {Threei} but initial burning desire to drop slowly takes over, lol
[14:18] {Onix} took holiday today in the hope of something good happening in the market ... no luck so far
[14:19] {dawg} short DELL .87
[14:21] {dawg} out .81
[14:22] {dawg} 6 cent scalp
[14:22] {Threei} Scalpers R Us
[14:22] {dawg} Yes they are!
[14:24] {dawg} Or yes we are
[14:34] {dawg} short C .25
[14:40] {dawg} stopped C -5 cents
[14:48] {dino} dow stopped -.30]
[14:50] {lisa_jay} Vad, was that a reverse C& handle on QQQQ (with .63 as break), thanks.
[14:51] {Threei} yup
[14:57] {Threei} (RU) RUSSIAN PM PUTIN: RUSSIA NEEDS GREATER INFLUENCE ON OIL PRICES, RECOMMENDING A MONTHLY REVIEW OF OIL EXPORT TAXES
[14:57] {Threei} - Note: Russia reportedly was evaluating an MoU with OPEC last week for greater cooperation
[15:00] {dawg} in Qid 72.51 100 shares
[15:01] {dawg} out .02
[15:01] {Threei} good one
[15:01] {Onix} great job
[15:01] {dawg} watching it like a hawk
[15:01] {dawg} thanks Vad, Onix
[15:03] {hawkfan4} that's how i watch everything :)
[15:04] {dawg} and I am a fan of yours hawk
[15:04] {Geo} sheesh
[15:04] {Geo} slow day :)
[15:04] {lisa_jay} Hawk, R u still in COIN?
[15:04] {dino} gj dawg
[15:04] {hawkfan4} lol, thx dawg
[15:04] {dawg} thanks dino!
[15:05] {hawkfan4} still in 1/3, but sold most 7.10 this morning lisa
[15:05] {dino} fcx sm l .65
[15:07] {dino} sm pru l .10
[15:12] {dawg} long DELL 11.75 small lot
[15:15] {dawg} out DELL 11.80 5 cent scalp
[15:17] {Onix} better than a sharp stick in the eye
[15:17] {Geo} hows day off going onix?
[15:17] {dawg} tired of chewing on my tail
[15:17] {Threei} lol
[15:17] {dawg} .)
[15:18] {Onix} round and round we go to nowhere
[15:23] {Threei} NQ is trying for new low
[15:23] {Threei} but I somehow don't get a feel of selloff coming
[15:24] {Threei} maybe because of ridiculously low volume
[15:25] {Onix} on daily it looks like first day of the next leg down?
[15:26] {Threei} not really
[15:26] {Threei} look at last three days
[15:26] {Threei} red green red
[15:27] {Threei} all bottomingg (so at least) at the esame level
[15:27] {Threei} and volume goes lower and lower each day
[15:27] {lisa_jay} People are expecting the reverse head and shoulders pattern on indexes.
[15:27] {Threei} typical undecisive pattern
[15:27] {Threei} can resolve any way
[15:27] {Threei} technically yes, lisa's correct
[15:28] {Threei} H&S is shaping up
[15:28] {Onix} ty Vad, learning every day
[15:29] {Threei} it's just that so much uncertainty weighs on market
[15:29] {Threei} autoindustry... more bank troubles... new adminustration
[15:29] {amarg} on a reverse H&S graph, how long are u plotting lisa?
[15:29] {dino} heads...we go up
[15:29] {Threei} and tails..?
[15:30] {dino} down
[15:30] {Onix} between our legs
[15:30] {dino} ready?
[15:30] {Threei} wait
[15:30] {Threei} I need a third option
[15:30] {Threei} what is coin remins in the air?
[15:30] {lisa_jay} Amar...not me..just reading what others are saying.
[15:30] {dino} heads it is
[15:31] {Threei} guys, decide on your rsik tlerance,
[15:32] {Threei} I am mentioning my trade but by no means calling it for you
[15:32] {Threei} taking some STEM overnight
[15:32] {magoo} jesus..good flip/system
[15:32] {Threei} hey, it works
[15:32] {Threei} dino, caould youi put your elbow in magoo's ribs on my behalf?
[15:32] {dino} sure
[15:32] {Threei} thank you
[15:34] {Geo} lord vader,,,, we still believe in you
[15:34] {Geo} any calls? :D
[15:34] {Threei} still?
[15:34] {Threei} did I do something to put you on high alert?? :)
06[15:34] * Geo is trying to pry vad from monastry
[15:34] {Threei} my feeling is, mild recovery toward the end of the day
[15:35] {Threei} nothing dazzling
[15:35] {Threei} LVS again
[15:38] {dino} china investment rumor lvs
[15:40] {dino} selling picking up
[15:40] {dino} what the?
[15:40] {dino} it's a "zippy" market
[15:41] {Threei} typical for low volume...
[15:41] {dino} thinl alan from 2 1/2 men, no sense at all
[15:41] {dino} think
[15:41] {laserdave1} magoo dcc when u get a sec
[15:45] {magoo} after bell ok?
[15:45] {Threei} watching if we get Qs pullback to .60 for entry
[15:45] {Threei} in .55
[15:45] {dino} well, if nothing else another 400 pt range dji
[15:45] {Threei} stop under .50
[15:46] {Threei} can I sacrifice 6-7 cents for the common good on last minutes?
[15:47] {dawg} in .61
[15:47] {Threei} you decided to sacrifice 12?
[15:47] {Threei} that's the spirit
[15:47] {dawg} no 10
[15:48] {dawg} .10
[15:48] {Threei} self-sacrifices will be expected from all of us
[15:48] {Geo} Qs closing time vad?
[15:48] {Geo} in .57
[15:48] {Threei} hmmm
[15:48] {Threei} never thought about that, lol
[15:48] {Threei} it's a nasdaq-traded one
[15:48] {Geo} i guess open extended
[15:48] {Threei} I don't expect itt o be any different
[15:50] {Threei} out
[15:50] {Threei} +.13
[15:50] {Onix} gj
[15:50] {dawg} wtg Vad
[15:50] {Geo} heheh all out back in blackkk
[15:51] {Threei} so far dino's coin was right
[15:51] {Geo} .11 TY vad
[15:51] {dawg} out with .71 10 cents thank you Vad
[15:51] {Threei} up, and nothing too earth-shaking
[15:51] {dawg} still going
[15:51] {Threei} weclome sit
[15:51] {Threei} wow
[15:51] {Threei} really
[15:51] {Threei} that's low volume market fior ya
[15:51] {Geo} tough day today..... even my ahem..... quant positions sucked
[15:51] {Threei} STEM is up 12 cents from my entry
[15:51] {Threei} holding
[15:52] {dawg} overnight?
[15:52] {Threei} yes but please
[15:52] {Threei} don't follow blindly
[15:52] {Threei} overnight is overnight, risk is much higher
[15:52] {Geo} Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[15:52] {Geo} lol
[15:52] {dawg} OK change of plan
[15:53] {Geo} oh mannnnnnn Qs
[15:53] {Threei} having traded STEM as far back as 2001 I think...
[15:53] {Threei} I belueve when there are movements at law-making level concerning setm cells, it has momentum carrying over some time
[15:54] {dawg} also got another 7 cents in DELL scalp
[15:54] {Threei} but you need to be willing to hold it for a swing
[15:54] {Threei} so dfon't touch it if you are not
[15:54] {dawg} staying away
[15:54] {Threei} you are getting good hand at scalping footwork
[15:54] {Threei} stay with your comfort zone
[15:55] {Threei} especially in this market
[15:55] {dawg} thank you Vad staying small great teacher
[15:55] {dawg} thru for the day going to find a car to sleep under
[15:55] {Threei} lol
[15:55] {hawkfan4} lol
[15:55] {cosmo} i stay under my bed sometimes
[15:56] {Threei} I regularly find a cat there
[15:56] {Threei} and it fights me for the space
[15:56] {Threei} so not an option for me
[15:56] {cosmo} get a dog
[15:56] {Geo} sheesh
[15:56] {Threei} so they both could fight me?
[15:56] {Geo} must be a bad day all around
[15:56] {Geo} no more holidays onix !!!
[15:56] {Threei} lol
[15:56] {Threei} let me see
[15:57] {Threei} well
[15:57] {Threei} I am up 3356.56
[15:57] {Threei} sorry
[15:57] {Threei} 356.56
[15:57] {Geo} wot????????????
[15:57] {Geo} ok
[15:57] {Geo} up 26 :)
[15:57] {Threei} too many 3s
[15:57] {Threei} so nothing to qwrite home about
[15:57] {Geo} Qs saved my behind
[15:57] {Threei} jeez
[15:58] {Threei} what'/s with typing
[15:58] {Threei} 336.56
[15:59] {Threei} OK guys, thank you all
[16:00] {dino} out pru flat, holding fcx
[16:00] {Geo} Ty vad
[16:00] {Threei} glad we hold the low
[16:00] {lisa_jay} Thanks Vad.
[16:00] {Threei} maybe we have a chance for uoward to resume
[16:00] {Threei} although with this volume, anything can happen
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {KSystems} Good night Vad
[16:02] {dino} will be light tomorrow, no bond ,market
[16:02] {Onix} ty all, bye
[16:02] {dino} veterans day
[16:07] {dino} gm all
Session Time: Mon Nov 10 00:00:00 2008
[08:14] {Threei} Good morning
[08:14] {patience} it is still dark outside vad, good morning
[08:14] {Threei} it is...
[08:15] {Threei} but China bailout might help
[08:15] {patience} no kidding, dusting off my china stock plays
[08:15] {Threei} wstching CAEI as possible beneficiary
[08:19] {magoo} morn
[08:19] {Threei} magoo :)
[08:20] {Threei} stem cells are moving
[08:20] {Threei} solars too
[08:20] {magoo} how about premkt gm?
[08:21] {magoo} arrrrrrr...not avail short anymore
[08:21] {magoo} was friday
[08:22] {magoo} why USO up vad?
[08:24] {Threei} Chinese huge infrastructure investment lweighs on USD, lifiting commodities priced in USD
[08:25] {magoo} ok ty
[08:25] {magoo} any news GOOG?
[08:27] {Threei} not really
[08:29] {KSystems} hey :)
[08:29] {Threei} hey KS, good to see you
[08:30] {KSystems} well good to see YOU vad
[08:30] {KSystems} how're things going?
[08:31] {Threei} you mean aside of global financial crisis, planet being destroyed by pesaky habitants etc? Very good! :)
[08:31] {Threei} *(CA) SEPT NEW HOUSING PRICE INDEX M/M: 0.1% V -0.1%E
[08:31] {Threei} (CA) OCT HOUSING STARTS: 211.8K V 200.0KE
[08:31] {Threei} - Prior revised from 217.6K to 218.6K
[08:31] {Threei} see?
[08:32] {KSystems} :)
[08:41] {Threei} FED OFFICIALS: CONFIDENT THAT AIG WILL REPAT ITS DEBTS TO THE US GOV'T
[08:43] {hawkfan4} good morning
[08:43] {Threei} hawk :)
[08:43] {Threei} tried Google's browser over weekend
[08:44] {Threei} probably that's why its up, magoo
[08:47] {hawkfan4} The financial crisis in a nutshell : http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true
[08:49] {_maga} good morning everybody
[08:56] {Threei} maga :)
[09:01] {lisa_jay} Good morning
[09:01] {Threei} lisa :)
[09:02] {Threei} FED OFFICIALS: CONFIDENT THAT AIG WILL REPAY ITS DEBTS TO THE US GOVT
[09:02] {Threei} - Using treasury operations now to aide AIG with tools that were not availabe in Sept
[09:02] {Threei} - Notes that $50B in support largest amount ever provided to single firm by US gov't
[09:02] {Threei} - New facilities take RMB's and CDO's off AIG balance sheets
[09:02] {Threei} - Working on lobbying restrictions for AIG as part of loan restrictions
[09:04] {Threei} CAEI is climbing
[09:08] {Geo} gm vad
[09:08] {Threei} Geo ;)
[09:08] {Geo} any thoughts on trading EEV? :)
[09:08] {Threei} yup
[09:08] {Threei} don't trade it
[09:08] {Geo} hehehe ok
[09:09] {Threei} this is what, emerging markets short ETF?
[09:09] {Geo} ultra yes
[09:10] {Threei} what's with these exotic vehicles... trading them requires reading of the whole world
[09:10] {Onix} good morning all
[09:10] {Threei} Onix :)
[09:10] {Threei} no single soul on the planet has slightest idea where all this is going
[09:11] {Geo} long day today..... my pc isnt booting ......on laptop now.....
[09:11] {Threei} want to be that one genius that nails it?
[09:11] {Threei} I'll wait for you on the shore :)
[09:12] {Geo} whats the laser port again vad?
[09:12] {magoo} 15905
[09:12] {Threei} 15905
[09:12] {Geo} TY
[09:12] {dino} gm all
[09:13] {Threei} dino :)
[09:13] {_maga} Vad , do tape reading principle are applicable to futures?
[09:13] {Threei} as a main idea, sure
[09:13] {Threei} particularities are different somewhat
[09:13] {_maga} ok tx
[09:13] {Threei} more shakeouts, more stop gunning
[09:14] {_maga} more difficult...
[09:14] {Threei} in a way
[09:14] {Threei} I'd put it this way:
[09:14] {Threei} trading futs requires style adjustments somewhat difdferent from stocks
[09:15] {Threei} also, as with any single tool,
[09:15] {Threei} there is a problem of what to do when it trades in a way that doesn't match your system, your approach, yolur method of reading
[09:16] {Threei} you are likely to find a stock that trades on its own merits when market overall is not what your read handles well
[09:16] {Threei} but if you are confined to a single tool, you have no such luxury
[09:17] {_maga} I understand what you mean... you have a single ( or few) chart to work with
[09:17] {_maga} if doesn't fit your way... you haev to wait for the day after..
[09:17] {_maga} at least
[09:17] {Threei} I prefer stocks, with some general market trading sprinkled on top as complementary tool
[09:18] {Threei} in a form of futures, or Qs or QID
[09:18] {ese} good morning...
[09:18] {Threei} ese :)
[09:18] {ese} hey Vad
[09:18] {Onix} hi ese
[09:20] {Threei} be back in 5
[09:25] {Threei} btw, replay is working again, right?
[09:25] {magoo} yup
[09:25] {Threei} k
[09:25] {ese} aaaahhhhhhh....have you ever noticed that coffee tates better in the morning
[09:25] {Threei} lol
[09:25] {ese} thats tastes...
[09:25] {Threei} on watch: CAEI, AIG, GERN, SOLF
[09:25] {Threei} and usual suspects
[09:28] {Threei} GM is going down in flames
[09:29] {cosmo} they needs wings
[09:33] {ese} STEM.....possible long 2.21
[09:34] {ese} invalidted
[09:41] {Threei} Long Setup: FITB .75 if stays above .65
[09:43] {Threei} Long Setup: LVS 7.13 if stays above 7
[09:44] {Threei} FITB over 1:1
[09:45] {Threei} 1:2
[09:46] {Threei} LVS stopped
[09:46] {Onix} ty Vad, i got $45 in FITB
[09:48] {Threei} GS under 10/10 low
[09:54] {Threei} what was that weird spike SSRI
[09:55] {ese} is anyone elses charts not updating properly
06[09:55] * laserdave1 slaps Threei around a bit with a large trout
[09:55] {ese} thats what i mean Vad...charts jumping weird like that....not just SSRI
[09:56] {ese} again MVSN
[09:57] {ese} anyone else having these problems
[09:58] {Threei} don't see anything on anywhere else but SSRI
[09:58] {ese} gotta be something with my data feed then
[10:02] {ese} OK level 2now gone...or very slow
[10:06] {dino} gap fill possibly in making
[10:06] {dino} dji
[10:10] {Threei} Long Setup: UAUA .91 if stays above .80
[10:13] {dino} gs ouch
[10:15] {dino} sm l qld .00
[10:15] {Threei} US TSY KASHKARI: NEAR PLAN TO ALLOW CAPITAL INJECTIONS FOR PRIVATE BANKS
[10:18] {Threei} for such an eventful weekend, market is amazingly quiet
[10:19] {Threei} - US Treasury stands ready to prevenbt systemic failures
[10:19] {Threei} - Sees improvemnts in markets after actions taken by TSY, FED and FDIC
[10:19] {Threei} - Will take months to fund capital purchase transactions
[10:20] {dino} qld stop is lod fwiw
[10:20] {ese} Long STEM 2.09
[10:24] {Threei} UAUA is invalidated btw
[10:24] {Geo} hehe
[10:24] {dino} kbr l .52 stop lod
[10:26] {dino} ctrn bl;ood
[10:29] {ese} out STEM couple of lots....2.21
[10:30] {Threei} wtg
[10:31] {ese} tks...
[10:32] {ese} a quick couple of hundred is good for me today....have an early day....see you all tomorow...
[10:32] {Threei} take care ese
[10:32] {ese} see ya vad
[10:32] {dino} kbr stopped flat, mkt dropping
[10:34] {Threei} market resolved the dilemma of which way to go
[10:34] {Threei} it decided to stay in place
[10:37] {Threei} Short Setup: DIOD 7.04 if big bid is getting hit and if stays under 7.15
[10:41] {dino} fwiw my scanner is all red
[10:41] {Threei} STEM 52 week high
[10:41] {Threei} not something you see often these days
[10:42] {Threei} GERN wakes up too
[10:43] {hawkfan4} AAPL sm 99.45, stop under 99.20
[10:47] {hawkfan4} stopped -.22
[10:48] {hawkfan4} -.27
[10:49] {dino} qld stopped -.36
[10:52] {dino} watching pru, deck, met
[10:53] {dino} cme tagged
[10:56] {Threei} hardcore scalpers can keep DIOD stop above .10
[10:58] {Threei} starts feeling like dump in the making eh?
[11:00] {Threei} watch QID for entry
[11:01] {Threei} closest support with entry around 69 would be around 68.70
[11:01] {Threei} adjust size accordingly
[11:02] {Threei} feels like we are about to get a sizeable flush
[11:02] {Threei} taking QID above 70
[11:04] {dino} feeling same here
[11:05] {lisa_jay} r u in qid vad?
[11:05] {Threei} took 69
[11:11] {Threei} ECB'S ORDONEZ: REQUESTS CAUTION IN ESTABLISHMENT OF STIMULUS PACKAGES
[11:11] {Threei} party pooper... world is stimulus-happy
[11:11] {Threei} it's stimuluses all around
[11:12] {Threei} stop to under .90 QID
[11:14] {Threei} GMAC NOTES THERE IS SUBSTANTIAL DOUBT REGARDING RESCAP'S ABILITY TO SURVIVE AS A GOING CONCERN
[11:18] {dino} gj qid
[11:18] {Threei} ty
[11:18] {Threei} half out QID .70
[11:19] {Threei} WHITE HOUSE: WILL REPORTEDLY CONSIDER ANY PROPOSALS PUT FORTH BY CONGRESS CONSIDERING AUTOMAKERS
[11:20] {Threei} smacks of such desperation
[11:21] {Threei} (US) SPOKESMAN FOR PRESIDENT ELECT OBAMA: THERE WILL BE NO FURTHER CABINET APPOINTMENT ANNOUCED THIS WEEK
[11:21] {_maga} an option is that when the Europe's markets working day is finished US will stops the retracement... it occurred often in the last period
[11:23] {dino} there is of course another option
[11:23] {_maga} sure... which one
[11:23] {dino} as mr t would say...."pain"
[11:24] {Threei} lol
[11:24] {dino} couldn't resist maga
[11:24] {Geo} oh mannn
[11:24] {_maga} no prob.... but I can't understand...
[11:25] {dino} just bustin' thats all, gut says up
[11:27] {Threei} QID balance stop is just under 69
[11:27] {Threei} anyone took it btw?
[11:27] {dino} hl l met .15, stop .89
[11:27] {Onix} too crazy for me, sorry
[11:28] {dino} kbr l .48, stop lod
[11:30] {dino} why did you give back somuch vad?
[11:31] {dino} alrighty then
[11:31] {Threei} just different idea of the play
[11:31] {Threei} no trailing for second half, except to b/e
[11:32] {Threei} with attempt to hold it for big size move
[11:32] {dino} i would've trailed tightly once i had .50 on it, and tighter as it went
[11:32] {dino} different ideas
[11:32] {dino} good call in any case
[11:32] {Threei} that's what I usually do
[11:35] {dino} sm l pru .90, stop .47
[11:36] {dino} hmm fast drop
[11:37] {_maga} look at UAUA
[11:37] {Threei} I don't want to
[11:38] {Threei} I know I am going to hate what I see
[11:38] {lisa_jay} lol
[11:38] {Threei} yeah... I was right
[11:38] {_maga} that's better
[11:38] {Threei} why did I look
[11:38] {_maga} solf
[11:39] {_maga} sorry I type the "chat" instead of the "chart"
[11:39] {Threei} if market tunrs around, SOLF is half lot long on 7 break
[11:40] {Threei} but only if we see market strength, higher highs and lows
[11:40] {Threei} this slow churn is not an environment for this type of plays
[11:41] {Threei} btw, ayone played DIOD?
[11:41] {Threei} worked for 1:1 for scalpers
[11:41] {Threei} still in the money
[11:41] {Onix} missed it
[11:44] {lisa_jay} Me too...missed all plays today. Had platform problems carry over from Fri...up and running right now.
[11:45] {dino} missed most of morning here, r.e. issues
[11:45] {Geo} same here...... hardware issues.
[11:45] {_maga} GERN ... couldn't be a candidate too?
[11:47] {Threei} if stem cells sector gets more attention
[11:47] {_maga} tx
[11:47] {Threei} QID over 70
[11:47] {dino} met stopped
[11:47] {Threei} why did I trail that stop at all, lol
[11:48] {dino} kbr stopped
[11:48] {dino} hmmm
[11:49] {dino} you trailing tighter now?
[11:49] {Threei} stopped on that balance and never reentered'
[11:49] {dino} ok
[11:49] {Threei} call me an idiot
[11:52] {dino} i'll owe it to you
[11:52] {dino} dji gap filled
[11:56] {dino} 'pru stopped lots of stops so far
[11:59] {Threei} QID 71 break long
[11:59] {Threei} if stays above .75
[12:03] {dino} dow l .98
[12:08] {Threei} Long Setup: QQQQ
[12:08] {Threei} .01
[12:08] {Threei} stop under 30.90
[12:12] {Threei} 1:1
[12:12] {Geo} out half .11
[12:12] {Threei} take scalp or half out, stop to .99
[12:13] {Threei} what's with LVS
[12:14] {dino} dk
[12:15] {dino} earnings call at 4
[12:17] {Threei} wow
[12:18] {Geo} 1/4 out at 1.5.. .16
[12:24] {Geo} out 1/4 .99
[12:24] {Geo} TY vad
[12:24] {Threei} welcome
[12:33] {KSystems} ZB s 117.15
[12:33] {KSystems} stop 117.21
[12:37] {Threei} C nears 11.30 low from last week
[12:37] {Threei} and 52 weeks
[12:37] {Threei} worth a try short if stays below .40
[12:41] {lisa_jay} trigger is under .30 vad?
[12:41] {Threei} .30
[12:41] {lisa_jay} thanks
[12:47] {Threei} Long Setup: LVS .70 break half lot
[12:48] {Threei} stop under .60
[12:50] {Threei} no worky
[12:50] {lisa_jay} Stopped.
[12:50] {KSystems} but C is
[12:53] {Onix} ss C @ .32
[12:58] {Threei} dino was right
[12:58] {Threei} the onl;y thing is store for today is pain
[12:58] {Threei} is = in
[12:58] {Threei} and more pain
[12:59] {Threei} sprinkled with some boredom on top
[12:59] {Onix} so true!
[13:01] {Onix} must be one of the lowest volume days in a long while
[13:01] {Threei} I'd think you can trail C to .36
[13:02] {Threei} very low so far, yes
[13:12] {lisa_jay} uaua vad?
[13:12] {Threei} I don't understand it today
[13:12] {lisa_jay} Ok, thanks.
[13:12] {Threei} it looks more like long candidate
[13:13] {Threei} but hard to imagine it going up against the market
[13:19] {Onix} stopped C
[13:20] {Threei} you haven't covered any around 1:1?
[13:20] {lisa_jay} Stopped C -4c
[13:20] {Onix} i had it on 11.22 and it turned up on 11.23
[13:20] {Threei} with your entry it was 1:1
[13:21] {Onix} too greedy?
[13:21] {Threei} with the way market trades today...
[13:21] {Threei} I'd say anything beyond 3 cents consitutes too greedy :)
[13:21] {lisa_jay} Today yes.
[13:22] {Onix} :)
[13:22] {Onix} on 200 to 400 shares, 3c is not really worth it
[13:23] {Threei} well, 3 cents is exaggeration
[13:23] {Chaeron} 2 cents? :)
[13:23] {Threei} lol
[13:23] {Chaeron} hi all... been busy.. wasn't trying to be rude
[13:23] {Threei} you don't have to try
[13:24] {Threei} to some it comes naturally
[13:24] {Onix} lol
[13:24] {Chaeron} sigh... it's a gift...
[13:24] {Threei} I know
[13:24] {Threei} I am very gifted
[13:24] {Chaeron} you were blessed abundantly yourself with it too
[13:24] {Chaeron} lol
[13:24] {Threei} exactly... that's how I know yoy when you see you
[13:24] {Threei} umm
[13:25] {Threei} let me try again
[13:25] {Chaeron} yeah... ok
[13:25] {Threei} that's how I know you when I see you
[13:25] {Threei} there
[13:25] {Threei} see?
[13:25] {Threei} just two attempts
[13:25] {Chaeron} :)
[13:25] {Threei} peter will be proud of me
[13:25] {Threei} used to take me 5 tries
[13:34] {Threei} how (*%#)&@# the market should be if the only stock looking good is STEM??
[13:35] {Threei} chaeron... you want to add to my rudeness?
[13:35] {Threei} or you are so rude you'll leave me alone?
[13:36] {Onix} unfortunately, i can't scream too loud over here
[13:36] {Threei} as old russian joke went... use the phone? :)
[13:37] {magoo} they have phones in russia}?
[13:38] {Threei} and TVs
[13:38] {Threei} some even color
[13:38] {magoo} black and white right
[13:42] {Threei} market keeps me way too careful today, sometimes to the disadvantage
[13:42] {Threei} was very tempted to call STEM long around .20
[13:47] {KSystems} i cant believe I'm still in that ZB short
[13:48] {KSystems} *sigh* my machine cant brew coffee in such volumes that I need to stay awake
[13:49] {lisa_jay} What is a ZB?
[13:49] {KSystems} it's the 30years T-Bonds future
[13:49] {lisa_jay} Oh, ok...went right over my head..but thanks.
[13:50] {lisa_jay} I understand the coffee issue though :-)
[13:50] {KSystems} and it's the more important part as well! =)
[13:50] {Threei} lol
[13:53] {Threei} get a feeling we are about to see some relief rally?
[13:54] {Threei} well, rally may be too strong word
[13:54] {Threei} but some creep-up
[13:54] {Onix} creepy-crawly
[13:54] {Threei} Long Setup: DELL .81 if stays above .70
[13:55] {Threei} Long Setup: ADBE as close to 25 as you can get, stop under 24.90
[13:56] {Threei} relief or releif?
[13:56] {Threei} wgere is peter
[13:56] {magoo} relief
[13:56] {Threei} he beat us up for wierd
[13:57] {Threei} so now I can't even type field without looking over my shoulder
[13:58] {dawg} in DELL long .81
[13:58] {magoo} yeah..i know..been rea;l careeful here wiyth spelling
[13:58] {Threei} ADBE got away
[13:58] {dawg} yes it did
[13:58] {Threei} I can see that mags
[13:59] {Onix} in DELL @ .79
[14:09] {dino} ok what did i miss
[14:09] {Onix} took profits too soon this time in DELL: 8c + 10c
[14:09] {Onix} kept 100 shares going
[14:10] {dawg} out 1/2 Dell 1:1
[14:10] {dino} gj
[14:10] {dawg} hello dino tough day
[14:12] {dino} sidetracked for most part
[14:12] {dawg} .)
[14:13] {lisa_jay} Thanks Vad, got 9 and 7c in Dell
[14:13] {Threei} welcome
[14:13] {Onix} thanks Vad, all out DELL
[14:13] {Threei} :)
[14:14] {dawg} in DELL Vad?
[14:14] {Threei} took scalp
[14:15] {dawg} any price target for my last 1/2?
[14:15] {Threei} honestly, no idea
[14:15] {dawg} i'm out then
[14:15] {Threei} I am content with scalps at this point
[14:15] {Geo} all out .92
[14:16] {dawg} .93 OK thanks Vad
[14:16] {Geo} what a sad listless day
[14:16] {Onix} yes we are all crying
[14:16] {Geo} still neg for day
[14:16] {Onix} very sad
[14:16] {Threei} yeah, it's like market was firmly intending to drop big today,
[14:16] {Threei} then this chinese bailout gave it pause,
[14:17] {Geo} y
[14:17] {Threei} not enough to prop it up muc just barely enough to keep it from flush
[14:17] {Threei} so it's still thinking
[14:17] {Threei} but initial burning desire to drop slowly takes over, lol
[14:18] {Onix} took holiday today in the hope of something good happening in the market ... no luck so far
[14:19] {dawg} short DELL .87
[14:21] {dawg} out .81
[14:22] {dawg} 6 cent scalp
[14:22] {Threei} Scalpers R Us
[14:22] {dawg} Yes they are!
[14:24] {dawg} Or yes we are
[14:34] {dawg} short C .25
[14:40] {dawg} stopped C -5 cents
[14:48] {dino} dow stopped -.30]
[14:50] {lisa_jay} Vad, was that a reverse C& handle on QQQQ (with .63 as break), thanks.
[14:51] {Threei} yup
[14:57] {Threei} (RU) RUSSIAN PM PUTIN: RUSSIA NEEDS GREATER INFLUENCE ON OIL PRICES, RECOMMENDING A MONTHLY REVIEW OF OIL EXPORT TAXES
[14:57] {Threei} - Note: Russia reportedly was evaluating an MoU with OPEC last week for greater cooperation
[15:00] {dawg} in Qid 72.51 100 shares
[15:01] {dawg} out .02
[15:01] {Threei} good one
[15:01] {Onix} great job
[15:01] {dawg} watching it like a hawk
[15:01] {dawg} thanks Vad, Onix
[15:03] {hawkfan4} that's how i watch everything :)
[15:04] {dawg} and I am a fan of yours hawk
[15:04] {Geo} sheesh
[15:04] {Geo} slow day :)
[15:04] {lisa_jay} Hawk, R u still in COIN?
[15:04] {dino} gj dawg
[15:04] {hawkfan4} lol, thx dawg
[15:04] {dawg} thanks dino!
[15:05] {hawkfan4} still in 1/3, but sold most 7.10 this morning lisa
[15:05] {dino} fcx sm l .65
[15:07] {dino} sm pru l .10
[15:12] {dawg} long DELL 11.75 small lot
[15:15] {dawg} out DELL 11.80 5 cent scalp
[15:17] {Onix} better than a sharp stick in the eye
[15:17] {Geo} hows day off going onix?
[15:17] {dawg} tired of chewing on my tail
[15:17] {Threei} lol
[15:17] {dawg} .)
[15:18] {Onix} round and round we go to nowhere
[15:23] {Threei} NQ is trying for new low
[15:23] {Threei} but I somehow don't get a feel of selloff coming
[15:24] {Threei} maybe because of ridiculously low volume
[15:25] {Onix} on daily it looks like first day of the next leg down?
[15:26] {Threei} not really
[15:26] {Threei} look at last three days
[15:26] {Threei} red green red
[15:27] {Threei} all bottomingg (so at least) at the esame level
[15:27] {Threei} and volume goes lower and lower each day
[15:27] {lisa_jay} People are expecting the reverse head and shoulders pattern on indexes.
[15:27] {Threei} typical undecisive pattern
[15:27] {Threei} can resolve any way
[15:27] {Threei} technically yes, lisa's correct
[15:28] {Threei} H&S is shaping up
[15:28] {Onix} ty Vad, learning every day
[15:29] {Threei} it's just that so much uncertainty weighs on market
[15:29] {Threei} autoindustry... more bank troubles... new adminustration
[15:29] {amarg} on a reverse H&S graph, how long are u plotting lisa?
[15:29] {dino} heads...we go up
[15:29] {Threei} and tails..?
[15:30] {dino} down
[15:30] {Onix} between our legs
[15:30] {dino} ready?
[15:30] {Threei} wait
[15:30] {Threei} I need a third option
[15:30] {Threei} what is coin remins in the air?
[15:30] {lisa_jay} Amar...not me..just reading what others are saying.
[15:30] {dino} heads it is
[15:31] {Threei} guys, decide on your rsik tlerance,
[15:32] {Threei} I am mentioning my trade but by no means calling it for you
[15:32] {Threei} taking some STEM overnight
[15:32] {magoo} jesus..good flip/system
[15:32] {Threei} hey, it works
[15:32] {Threei} dino, caould youi put your elbow in magoo's ribs on my behalf?
[15:32] {dino} sure
[15:32] {Threei} thank you
[15:34] {Geo} lord vader,,,, we still believe in you
[15:34] {Geo} any calls? :D
[15:34] {Threei} still?
[15:34] {Threei} did I do something to put you on high alert?? :)
06[15:34] * Geo is trying to pry vad from monastry
[15:34] {Threei} my feeling is, mild recovery toward the end of the day
[15:35] {Threei} nothing dazzling
[15:35] {Threei} LVS again
[15:38] {dino} china investment rumor lvs
[15:40] {dino} selling picking up
[15:40] {dino} what the?
[15:40] {dino} it's a "zippy" market
[15:41] {Threei} typical for low volume...
[15:41] {dino} thinl alan from 2 1/2 men, no sense at all
[15:41] {dino} think
[15:41] {laserdave1} magoo dcc when u get a sec
[15:45] {magoo} after bell ok?
[15:45] {Threei} watching if we get Qs pullback to .60 for entry
[15:45] {Threei} in .55
[15:45] {dino} well, if nothing else another 400 pt range dji
[15:45] {Threei} stop under .50
[15:46] {Threei} can I sacrifice 6-7 cents for the common good on last minutes?
[15:47] {dawg} in .61
[15:47] {Threei} you decided to sacrifice 12?
[15:47] {Threei} that's the spirit
[15:47] {dawg} no 10
[15:48] {dawg} .10
[15:48] {Threei} self-sacrifices will be expected from all of us
[15:48] {Geo} Qs closing time vad?
[15:48] {Geo} in .57
[15:48] {Threei} hmmm
[15:48] {Threei} never thought about that, lol
[15:48] {Threei} it's a nasdaq-traded one
[15:48] {Geo} i guess open extended
[15:48] {Threei} I don't expect itt o be any different
[15:50] {Threei} out
[15:50] {Threei} +.13
[15:50] {Onix} gj
[15:50] {dawg} wtg Vad
[15:50] {Geo} heheh all out back in blackkk
[15:51] {Threei} so far dino's coin was right
[15:51] {Geo} .11 TY vad
[15:51] {dawg} out with .71 10 cents thank you Vad
[15:51] {Threei} up, and nothing too earth-shaking
[15:51] {dawg} still going
[15:51] {Threei} weclome sit
[15:51] {Threei} wow
[15:51] {Threei} really
[15:51] {Threei} that's low volume market fior ya
[15:51] {Geo} tough day today..... even my ahem..... quant positions sucked
[15:51] {Threei} STEM is up 12 cents from my entry
[15:51] {Threei} holding
[15:52] {dawg} overnight?
[15:52] {Threei} yes but please
[15:52] {Threei} don't follow blindly
[15:52] {Threei} overnight is overnight, risk is much higher
[15:52] {Geo} Please read our disclaimer at: www.realitytrader.com/disclaimer.htm before proceeding.
[15:52] {Geo} lol
[15:52] {dawg} OK change of plan
[15:53] {Geo} oh mannnnnnn Qs
[15:53] {Threei} having traded STEM as far back as 2001 I think...
[15:53] {Threei} I belueve when there are movements at law-making level concerning setm cells, it has momentum carrying over some time
[15:54] {dawg} also got another 7 cents in DELL scalp
[15:54] {Threei} but you need to be willing to hold it for a swing
[15:54] {Threei} so dfon't touch it if you are not
[15:54] {dawg} staying away
[15:54] {Threei} you are getting good hand at scalping footwork
[15:54] {Threei} stay with your comfort zone
[15:55] {Threei} especially in this market
[15:55] {dawg} thank you Vad staying small great teacher
[15:55] {dawg} thru for the day going to find a car to sleep under
[15:55] {Threei} lol
[15:55] {hawkfan4} lol
[15:55] {cosmo} i stay under my bed sometimes
[15:56] {Threei} I regularly find a cat there
[15:56] {Threei} and it fights me for the space
[15:56] {Threei} so not an option for me
[15:56] {cosmo} get a dog
[15:56] {Geo} sheesh
[15:56] {Threei} so they both could fight me?
[15:56] {Geo} must be a bad day all around
[15:56] {Geo} no more holidays onix !!!
[15:56] {Threei} lol
[15:56] {Threei} let me see
[15:57] {Threei} well
[15:57] {Threei} I am up 3356.56
[15:57] {Threei} sorry
[15:57] {Threei} 356.56
[15:57] {Geo} wot????????????
[15:57] {Geo} ok
[15:57] {Geo} up 26 :)
[15:57] {Threei} too many 3s
[15:57] {Threei} so nothing to qwrite home about
[15:57] {Geo} Qs saved my behind
[15:57] {Threei} jeez
[15:58] {Threei} what'/s with typing
[15:58] {Threei} 336.56
[15:59] {Threei} OK guys, thank you all
[16:00] {dino} out pru flat, holding fcx
[16:00] {Geo} Ty vad
[16:00] {Threei} glad we hold the low
[16:00] {lisa_jay} Thanks Vad.
[16:00] {Threei} maybe we have a chance for uoward to resume
[16:00] {Threei} although with this volume, anything can happen
[16:00] {Threei} have a good evening, see you tomorrow
[16:00] {KSystems} Good night Vad
[16:02] {dino} will be light tomorrow, no bond ,market
[16:02] {Onix} ty all, bye
[16:02] {dino} veterans day
[16:07] {dino} gm all
